A good week for Enoch Godongwana
ANC head of economic transformation could make a career of correcting the cringeworthy comments by the party about nationalising the Reserve Bank
ANC head of economic transformation Enoch Godongwana could make a career of correcting the cringeworthy comments by the party about nationalising the Reserve Bank. After the ANC election manifesto last week pronounced on the Bank’s mandate, he had to explain the aim was only to better align monetary and fiscal policy.
He should be applauded for (so far at least) holding the line on the Bank’s independence against the uninformed noise spewed by the likes of secretary-general Ace Magashule.
Coming on top of the near month-long shutdown that has affected about 800,000 federal government workers as a result of the stalemate over congressional funding for his border wall against illegal immigrants from Mexico, US President Donald Trump faced yet another bombshell.
US media reported that the FBI had opened a probe amid fears that Trump was secretly working for Moscow, and detailed his "extraordinary" efforts to hide the content of his private talks with Russian President Vladimir Putin.